Day: February 7, 2010

Horizon Lines turns 4Q profit; sees rough 2010

Feb 7, 2010

Freight company Horizon Lines said Friday it had returned to a fourth-quarter profit even though revenues slid as trucking companies fight for fewer customers. That isn’t expected to change much this year even though the...

MOL Upgrades Outlook After Third-Quarter Profit

Feb 7, 2010

MOL on Friday more than doubled its profit forecast for its current fiscal year, saying “strong demand” in dry bulk shipping and rising container shipping prices are improving the company’s outlook. The Japanese ocean carrier...